Category: Business

Glencore expects to make more money in six months than it typically generates from its marketing business in an entire year as commodity traders profit from soaring prices and volatility … Read More

UK advertising agency M&C Saatchi has reversed its decision to support a proposed takeover from rival Next Fifteen, just weeks after agreeing the deal. The agency, founded by the Saatchi … Read More

China launched its third and most advanced aircraft carrier on Friday, as Beijing races to catch up with US military capabilities and make good on its threats to retake Taiwan … Read More

Santander has named Héctor Grisi its next chief executive, promoting one of its top regional executives to work alongside executive chair Ana Botín and drawing a line under the failed … Read More

Australian authorities have given themselves the power to block coal exports if the resource is needed to ease the country’s crippling power crisis in the latest measure taken to avert … Read More

This article is an on-site version of our Europe Express newsletter. Sign up here to get the newsletter sent straight to your inbox every weekday and Saturday morning Good morning … Read More

Good morning. This article is an on-site version of our FirstFT newsletter. Sign up to our Asia, Europe/Africa or Americas edition to get it sent straight to your inbox every … Read More

It was a decision to send a chill straight from the freezer cabinet to the boardroom. Which was probably the point. The Advertising Standards Authority said this month that Tesco … Read More

Wall Street can only apply so much cover-up and blush to a broken capital structure. US cosmetics maker Revlon, long backed by financier Ron Perelman, has filed for bankruptcy protection. … Read More

Russia’s annual investment conference in St Petersburg was created by president Vladimir Putin to showcase the country’s businesses and lure global investors to Russia. But with Russia mired in an … Read More